Reinsurers Prepare For a Historic Loss

Hurricane Milton, which is now expected to make landfall early Thursday, may rank among the largest-ever reinsurance losses. Today’s newsletter looks at the potential fallout.

Also, federal-flood risk maps are now looking increasingly outdated in this new era of climate-intensified disasters. Read on for more details or get the full story on Bloomberg.com. For unlimited access to climate and energy news, please subscribe.